South Ann Arbor Retail

South Ann Arbor

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
3,850
As of: July 27, 2017

South Ann Arbor Rates

The typical asking rate per listing is in the $20's per square foot per year. The South Ann Arbor region is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 10% rise in rent.

South Ann Arbor Listing Supply

In the last 90 days, 25 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 52% of the available space in the South Ann Arbor are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,850 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this area were built in 1978 and are Class B.

South Ann Arbor Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by taxi is the most popular way to get to work amongst South Ann Arbor occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in South Ann Arbor.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Ann Arbor.
Research